The International Airlines Group, the sixth largest airline globally in revenue terms, said it did not have plans to invest in any Indian airline. Formed in January 2011, IAG is the parent company of British Airways, Iberia and bmi. This follows speculation that Delhi-based low-cost airline IndiGo was looking to tie up with British Airways.
Category: Aviation & Airports
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Reliance Metro’s Airport Express Line Recommences Operations
Reliance Infrastructure Limited (RInfra), part of the Reliance Group, through its Special Purpose Vehicle (SPV) Delhi Airport Metro Express Private Limited (DAMEPL), today announced that the Airport Metro line would resume commercial operations at its regular timing of 5:30 AM from January 22, 2013.
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SpiceJet, AI cut fares, budget carriers may follow suit
Now, a silent fare war among Indian airlines is appears to be on. SpiceJet's recent mega sale has triggered a tussle between other Indian airlines who are dropping fares discreetly. Air India dropped fares on January 21 night, taking them lower than rival full-service carrier Jet Airways and matching the prices of the three budget carriers on every route.
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Air India may soon become a member of Star Alliance
Air India's Director (Commercial) GD Brara will meet Star Alliance bosses in Frankfurt, Germany, this week to join Air India as a member of the prestigious Alliance. The Indian government-owned carrier had been waiting for years to join the Star Alliance. It may happen within a few months.
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British Airways in talks with IndiGo for alliance: Reports
To have an 'interline agreement' with India's biggest carrier, IndiGo, British Airways is engaged in talks, media reports say. The agreement is for ticketing and baggage sharing, sources said on January 22. The interline agreement allows customers from two airlines to buy connecting flights on one ticket.
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Etihad may get into pact with Jet Airways
Abu Dhabi's Etihad Airways will finalise a deal to buy a stake in Jet Airways on January 25, according to a television report. If it materialised, it would become the first such investment by a foreign carrier in an airline in India since rules were relaxed last year. A deal may be announced as early as January 25 or by the first week of February, sources were quoted as revealed.
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KSIE sets up container freight station
Kerala State Industrial Enterprises (KSIE) set up Cochin International Container Freight Station (CICFS) in order to attract business at Vallarpadam International Container Transshipment Terminal. The state Industries Minister PK Kunhalikutty recently inaugurated the freight station in Kalamassery
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AAI look for foreign players for Kolkata, Chennai airports
For operating and maintaining Kolkata and Chennai airports, the Airports Authority of India (AAI) has finally initiated the process to rope in foreign companies in line with the recommendations of a Planning Commission task force.
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GMR, GVK cancelling projects due to unviability: NHAI
GMR and GVK infrastructure companies are walking out of mega road contracts as they are unable to arrange funding for those projects, the National Highways Authority of India (NHAI) has said.
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KSIDC to rope in consultant for airport project
Media reports suggest that consultants are invited for ‘techno economic feasibility and environmental impact assessment’ for the proposed airport at Wayanad by Kerala State Industrial Development Corporation (KSIDC). Airports Authority of India (AAI) found the site identified at Panamaram, Wayanad, suitable for the project during a preliminary feasibility